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Shikoku Kasei HoldingsTSE:4099 +0.91%78 Return-on-Tangible-Equity is 10.75% as of Dec. 2025, which is 15% above its 10-year median of 9.38. GuruFocus rates TSE:4099 with a GF Score™ of 78/100 and a GF Value™ of 円1,211.03 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,569 Chemicals companies, Shikoku Kasei Holdings ranks better than 71.38% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Shikoku Kasei Holdings's annualized net income for the quarter that ended in Dec. 2025 was 円9,748 Mil. Shikoku Kasei Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2025 was 円90,647 Mil. Therefore, Shikoku Kasei Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 10.75%.
The historical rank and industry rank for Shikoku Kasei Holdings's Return-on-Tangible-Equity or its related term are showing as below:
TSE:4099'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.88 Med: 9.38 Max: 10.78
Current: 10.78
During the past 13 years, Shikoku Kasei Holdings's highest Return-on-Tangible-Equity was 10.78%. The lowest was 7.88%. And the median was 9.38%.
TSE:4099's Return-on-Tangible-Equity is ranked better than 71.38% of 1569
companies
in the Chemicals industry
Industry Median: 5.73
vs TSE:4099: 10.78
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Shikoku Kasei Holdings Return-on-Tangible-Equity Related Terms
Shikoku Kasei Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Shikoku Kasei Holdings's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TSE:4099 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Shikoku Kasei Holdings's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Shikoku Kasei Holdings Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shikoku Kasei Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shikoku Kasei Holdings's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 10.75% mean?
Shikoku Kasei Holdings (TSE:4099) has a Return-on-Tangible-Equity of 10.75% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Shikoku Kasei Holdings and its competitors. This is 15% above median its historical median of 9.38. Over the past decade, Shikoku Kasei Holdings' Return-on-Tangible-Equity has ranged from 7.88 to 10.78. According to the industry distribution chart, Shikoku Kasei Holdings ranks #449 out of 1569 companies in the Chemicals industry, placing it in the top 28.6%.
Is Shikoku Kasei Holdings' Return-on-Tangible-Equity too high?
Shikoku Kasei Holdings' current Return-on-Tangible-Equity of 10.75% is 15% above median its 10-year median of 9.38. Over the past 10 years, this metric has ranged from a low of 7.88 to a high of 10.78. The Chemicals industry median Return-on-Tangible-Equity is 5.73. Shikoku Kasei Holdings' value of 10.75% is 87.6% above this industry median. Based on the distribution chart, Shikoku Kasei Holdings ranks #449 out of 1569 companies in the Chemicals industry, which is above the industry midpoint. Overall, Shikoku Kasei Holdings has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shikoku Kasei Holdings' Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shikoku Kasei Holdings ranks #449 out of 1569 companies for Return-on-Tangible-Equity. This puts Shikoku Kasei Holdings in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.73. Shikoku Kasei Holdings' value of 10.75% is 87.6% above this benchmark. Historically, Shikoku Kasei Holdings' own Return-on-Tangible-Equity has ranged from 7.88 to 10.78 over the past decade. While the company's 10-year median is 9.38 vs. the industry median of 5.73, Shikoku Kasei Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.73, based on 1,569 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shikoku Kasei Holdings's current Return-on-Tangible-Equity of 10.75% is 87.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Shikoku Kasei Holdings and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shikoku Kasei Holdings's current Return-on-Tangible-Equity is 10.75%, which is 15% above median its own 10-year median of 9.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shikoku Kasei Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shikoku Kasei Holdings (TSE:4099) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,211.03, compared to a current price of 円2,892.00 — trading 138.8% above its estimated fair value. The current Return-on-Tangible-Equity is 10.75%, which is 15% above median its 10-year median of 9.38 and 87.6% above the Chemicals industry median of 5.73. Shikoku Kasei Holdings' overall GF Score™ is 78/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Shikoku Kasei Holdings (TSE:4099), the current Return-on-Tangible-Equity is 10.75% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Shikoku Kasei Holdings (TSE:4099) Overvalued in 2026?
Based on GuruFocus' analysis, Shikoku Kasei Holdings stock appears to be overvalued.
The current stock price of 円2,892.00 is trading 138.8% above its estimated GF Value™ of 円1,211.03.
GuruFocus considers Shikoku Kasei Holdings to be Significantly Overvalued.
Key valuation signals for TSE:4099:
Return-on-Tangible-Equity: 10.75% (15% above median its 10-year median of 9.38)
GF Value™: 円1,211.03 vs. price of 円2,892.00 (138.8% above fair value)
Industry Position: 87.6% above the Chemicals median (#449 of 1569)
No single metric tells the full story. See the TSE:4099 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shikoku Kasei Holdings Corp is engaged in the chemicals and building material business. The chemicals are used in various things and places such as automobiles, smartphones, and pools. The building material products add color to living spaces, such as painted walls, garage front doors, and archways for public facilities.
78GF Score
Get the complete analysis for TSE:4099
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